Elon Musk is being eyed by Chinese authorities as a potential buyer of TikTok. Newsweek's live blog is closed.
Beijing officials would rather have TikTok retain its ownership under parent company ByteDance Ltd. However, with the looming ban in the US market, they are contemplating selling the platform’s U.S. operations to Elon Musk.
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.
It’s only fitting that TikTok’s fate turn into a wild dance. As the U.S. Supreme Court weighs up the constitutionality of a proposed ban on the popular video app, Beijing has pirouetted into the possibility of letting ByteDance sell it to Elon Musk,
Chinese officials are reportedly considering selling the U.S. operations of TikTok to X owner Elon Musk.
Chinese officials have discussed selling the US operations of TikTok to Elon Musk as the video-sharing app faces being banned in America as soon as Sunday.
Beijing officials preparing options for after Donald Trump’s inauguration have examined possible openness to a deal for TikTok’s U.S. operations with the owner of X.
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
Tesla ( TSLA) stock jumped 3% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.
TikTok officials threw cold water on a report that China is considering a deal that would allow ByteDance to sell the U.S. portion of the popular video app to Elon Musk, owner of X.